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Canadian Dollar: Market pricing seen excessive despite hike bets – BBH

Reported · Written up by our desk · Major Pairs

Elias Haddad at Brown Brothers Harriman reports USD/CAD is near a one-month low as markets firm expectations for a 25 bps Bank of Canada (BoC) rate hike to 2.50% on October 28, with swaps pricing a 78% probability.

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Sources

FXStreetCanadian Dollar: Market pricing seen excessive despite hike bets – BBH

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